2. Papers for publication should be sent in quadruplicate to:
Professor G. William Schwert
Managing Editor
William E. Simon
Graduate School of Business Administration
University of Rochester
Rochester, NY 14627
USA
E-mail: jfe@jfe.rochester.edu
Submission fee: Unsolicited manuscripts must be accompanied by a submission fee of $500 for authors who are current
Journal of Financial Economics subscribers and $550 for non-subscribers. This submission fee will be refunded for all accepted
manuscripts. To encourage quicker response, referees are paid an honorarium out of the submission fee. There are no page charges.
Payment may be made by Visa or MasterCard. The cardholder's name, credit card number, and expiration date must be included with the
submission. Alternatively, the submission fee can be paid by check made payable to the Journal of Financial Economics, but it
must be drawn on a U.S. Bank and in U.S. currency.
Submission of a paper will be held to imply that it contains original unpublished
work and is not being submitted for publication elsewhere. The Editor does not accept responsibility for damage or loss of papers submitted.
Upon acceptance of an article, author(s) will be asked to transfer copyright of the article to the publisher. This transfer will ensure
the widest possible dissemination of information.
3. Submission of accepted papers as electronic manuscripts, i.e., on disk
with
accompanying manuscript, is encouraged. Electronic manuscripts have the advantage
that there is no need for rekeying of text, thereby
avoiding the possibility of introducing errors
and resulting in reliable and fast delivery of proofs. Do not submit your original paper
as electronic manuscript but hold on to disk until asked for this by the Editor (in case your paper is accepted without revisions).
Do submit the accepted version of your paper as electronic manuscript. Make absolutely sure that the file on the disk and the printout
are identical. Please use a new and correctly formatted disk and label this with your name; also specify the software and hardware used
as well as the title of the file to be processed. Do not convert the file to plain ASCII. Ensure that the letter 'l' and digit '1',
and also the letter 'O' and digit '0' are used properly, and format your article (tabs, indents, etc.) consistently. Characters not
available on your word processor (Greek letters mathematical symbols, etc.) should not be left open but indicated by a unique code (e.g.
gralpha, alpha, etc., for the Greek letter α). Such codes should be used consistently
throughout the entire text; a list of codes
used should accompany the electronic manuscript.
Do not allow your word processor to introduce word breaks and do not use a justified
layout.
Please adhere strictly to the general instructions below on style, arrangement and, in
particular, the reference style of the
journal.
4. Manuscripts should be double spaced, with wide margins, and printed on one side of the paper only. All pages should
be numbered consecutively. Titles and subtitles should be short. References, tables, and legends for the figures should be printed
on separate pages.
5. The first page of the manuscript should contain the following information: (i) the title; (ii) the name(s)
and institutional affiliation(s) of the author(s); (iii) an abstract of not more than 100 words. A footnote on the same sheet should
give the name, address, and telephone and fax number, and e-mail address of the corresponding author.
6. The first page of the manuscript
should also contain at least one classification code according to the Classification System for Journal Articles as used by the Journal of Economic Literature; in addition, up to five key words should be supplied.
7. Acknowledgements and information
on grants received can be given in a
first footnote, which should not be included in the consecutive numbering of footnotes.
8. Footnotes
should be kept to a minimum and numbered consecutively throughout the text with
superscript Arabic numerals.
9. Displayed formulae
should be numbered consecutively
throughout the manuscript as (1), (2), etc. against the right-hand margin of the page. In cases
where
the derivation of formulae has been abbreviated, it is of great help to the referees if the
full derivation can be presented on a separate
sheet (not to be published).
10. References to publications should be as follows: 'Smith (1992) reported that...' of 'This problem
has been studied previously (e.g., Smith et al., 1969)'. The author should make sure that there is a strict one-to-one correspondence
between the names and years in the text and those on
the list. The list of references should appear at the end of the main text (after
any appendices,
but before tables and legends for figures). It should be double spaced and listed in
alphabetical order by author's
name. References should appear as follows:
For monographs
Hawawini, G., Swary, I., 1990. Mergers and Acquisitions
in the U.S. Banking Industry: Evidence from the Capital Markets. North-Holland, Amsterdam.
For contributions to collective works
Brunner, K., Meltzer, A., 1990. Money supply. In: Friedman, B., Hahn, F. (Eds.), Handbook of Monetary Economics, Vol. 1. North-Holland,
Amsterdam, pp. 357-396.
For periodicals
Griffiths, W. and G. Judge, 1992,
Griffiths, W., Judge, G., 1992. Testing and
estimating location vectors when the error covariance matrix is unknown. Journal of Econometrics 54, 121-138.
For unpublished
material:
Hermalin, B., Weisbach, M., 1995. Endogenously chosen boards and their monitoring of the CEO. Unpublished working
paper. University of California, Berkeley.
Note that journal titles should not be abbreviated.
1. Illustrations will be reproduced
photographically from originals supplied by the author; the publisher will not redraw them. Please provide all illustrations in quadruplicate
(one
high-contrast original and three photocopies). Care should be taken that lettering and symbols
are of a comparable size. The illustrations
should not be inserted in the text, and should be
marked on the back with figure number, title of paper, and author's name. All graphs
and
diagrams should be referred to as figures (e.g., Fig.1), and should be numbered consecutively in the text in Arabic numerals.
Figures that are produced in color will appear in color in the PDF files available from Science Direct (although the print version of
the paper will be in black and white), so authors who would like to use color in the PDF files should submit their figures this way.
2. Colour Illustrations. Please make sure that artwork files are in an acceptable format (TIFF, EPS or MS Office files) and with
the correct resolution. If, together with your accepted article, you submit usable colour figures then Elsevier will ensure, at no additional
charge, that these figures will appear in colour on the Web (e.g., ScienceDirect and other sites) regardless of whether or not these
illustrations are reproduced in colour in the printed version. For colour reproduction in print, you will receive information regarding
the costs from Elsevier after receipt of your accepted article. Please indicate your preference for colour in print or on the Web only.
For further information on the preparation of electronic artwork, please see http://www.elsevier.com/artworkinstructions
.
Please note: Because of technical complications which can arise by converting colour figures to "grey scale" (for the printed
version should you not opt for colour in print) please submit in addition usable black and white versions of all the colour illustrations.
3. Tables should be numbered consecutively in the text in Arabic
numerals and printed on separate sheets. Tables must be self-contained,
in the sense that the reader must be able to understand them without going back to the text of the paper. Each table must have a title
followed by a descriptive legend. Authors must check tables to be sure that the title, column headings, captions, etc. are clear to the
point.
Any manuscript that does not conform to the above instructions may be returned for necessary revision before publication.
Page proofs will be sent to the corresponding author. Proofs should be corrected carefully; the responsibility for detecting errors
lies with the author. Corrections should be restricted to instances in which the proof is at variance with the manuscript. No deviations
from the version accepted by the Editors are permissible without the prior and explicit approval by the
Editors; these alterations will
be charged. Twenty-five reprints of each paper are supplied free
of charge to the corresponding author; additional reprints are available
at cost if they are
ordered when the proof is returned.
